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6 Fintech Innovations To Bolster Personalisation Within Your Hospitality Firm LINK: https://lnkd.in/ebhwagRj Hashtags: #BankingAndFinanceNews #Finance #Technology #FinTech Please LIKE & REPOST

🚀 Is the future of the Travel industry moving towards a full fintechisation? Our very own Global Travel Industry Director, Marc Padrosa Cabello, explores this question in a thought-provoking guest post for Travolution.com! Read the full article here 👉 https://bit.ly/3xBjcOh In this insightful piece, Marc examines: - The impact of fintech on Travel payments, customer experience, and risk management. - Whether this trend is just hype or a genuine game-changer for the industry. - How Travel companies can leverage financial technology to be more competitive and provide better user experience. ✈ Gain valuable insights and discover how your Travel business can thrive in the era of fintech! #fintech #traveltech #travelindustry #travolution #payments #customerexperience

I'm thrilled to share my latest insights on why payments orchestration is gaining traction in the travel industry. This trend is reshaping how businesses handle payments, enhancing efficiency and customer experiences. Dive into the full article on Fintech bloom below. #Outpayce #Payments #Travel

What are we reading today at Kantox? 📚 An article about the 'fintechisation' of Travel (*). Kantox's Marc Padrosa Cabello dissects the seemingly unstoppable 'fintechisation' of the Travel industry. Some of the key points: - What lies behind this trend? To better serve customers —and to generate new sources of revenue —businesses are forced to collaborate with one another, offering products and services that individual companies could not create as effectively on their own. - Payments. Marc singles out Mews, Hopper, Booking.com and the French retailer C-Discount as examples of Travel-Fintech collaboration with a focus on payments. It's mostly about controlling the transactional flow while embedding solutions like Buy-Now-Pay-Later. - Behind the scenes. The author also discusses HBX Group and its 'Bed Bank' operator Hotel Beds. Behind the scenes and with less glitz, Fintech companies —in this case: Kantox— create solutions that allow firms to save on FX costs, while confidently 'embracing currencies'. - Testing the waters. Finally, Marc draws on his #CurrencyCast interview with Mario Gavira (Kiwi.com) and Mauricio Prieto to show how some participants are partnering with Fintech firms to have new payments solutions thoroughly tried and tested. (*) Marc Padrosa Cabello: "The 'Fintechisation' of Travel: glitz or reality", Travolution, March-April 2024.

How fintech companies are progressing in the travel space | PhocusWire: The march of traditional banks and newer fintech companies into the travel space is ongoing, gathering pace even, with numerous partnerships and ...

Modulr have taken off with an ALL-IN-ONE payments solution for the travel industry! 🛫 💳 🏢 The International Air Transport Association (IATA) reports that 41% of travel firms STILL place payment inefficiencies as their biggest concern which only puts operational strain on businesses but also affects supplier relationships and deteriorates the customer experience. 💱 📲 Modulr’s comprehensive platform is engineered to overcome such challenges and is tailored to travel industry AND provides a suite of solutions in a range of currencies that includes virtual cards, account-to-account transfers and customisable notifications 👨✈️ Myles Stephenson, CEO and Founder of Modulr, emphasised the importance of this innovation, stating, “Our goal is to alleviate the payment challenges experienced by the travel industry, bringing together our comprehensive suite of virtual card programs with our leading-edge payment and account issuance capability, delivering an all-in-one solution for the travel industry.” Read more on the link below! 👇 #travelpayments #modulr #fintech #fintechnews #virtualcard #customerexperience #payments #travelindustry

Interesting article on Fintech, and „monetizing anxiety“ - worth a read!

In this collaboration, Nium will incorporate Thredd APIs into its single platform for instant global payments, accelerating its transaction speed to 200 milliseconds for issuing and loading virtual cards in nearly 30 countries around the world. Jim McCarthy, chief executive officer at Thredd, said, "APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust competition, a boon for consumers, and accelerated growth for the global travel ecosystem.” Spencer Hanlon, global head of travel payments at Nium, also said, "With a world of travel options now available in the palm of your hand, travel intermediaries and their hotel partners are under increasing pressure to reduce costs whilst maintaining a compelling customer experience.” #virtualcards #fintech #asiapacific ------ -[Awards] MARKETECH APAC is launching its inaugural "Marketing Technology Awards" where we recognise the groundbreaking achievements in marketing technology, uniting the brands and tech organisations within the region’s marketing community. Learn how your brand can be a part of it by checking it more details HERE: https://bit.ly/3SVtoIa -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y

Are you interested in learning about why the travel industry is catching onto payments orchestration? Jean-Christophe Lacour, SVP and Head of Product Management and Delivery at Outpayce, gives his thoughts in the Fintech Bloom article below. #Outpayce #Payments #Travel https://ow.ly/Wyxe30sHazz

"While there’s no way to know for certain what tipping will look like in the future, it’s very clear in my mind that technology will be the key to connecting our digital and physical worlds." - The need for an end-to-end digital (cashless) tip payout solution is essential for operational efficiency to manage cash over/short challenges due to the volume of credit card tips being 85% or higher. Operators need to pay attention to the details though. There are multiple vendors that pass the cost of their solutions directly to the employee which reduces their payout below 100% of earning with a "nominal fee" of $0.75 to $0.99 per transaction. Don't subject your employees to any fees. #digitaltips, #cashlesstips, #Instanttips